The spikes in unemployment are highlights by gray vertical bars. What do these bars represent in the graph?

Q: What are the two biggest recessions in terms of length and magnitude from the graph, the shaded…

A: Hi Student, thanks for posting the question. As per the guideline we are providing answers for the…

Q: what are the effects and consequences of deflation?

A: Deflation is also known as negative inflation. It is a situation where the general price level of…

Q: what stage of the business cycle immediately follows the trough ?

A: After trough,recovery is immediately followed.

Q: Assume that in a country, the total labour force is 150,000 workers, and the total numbers of…

A: Here,  The total labor force is 150,000 workers. The total number of workers employed is 145,500

Q: You can use a price index to study the buying habits of individuals? True or false

A: The average change in prices between periods or the average difference in prices between places is…

Q: What is the current U.S. unemployment rate? Why has it changed over the last years or so?

A: Unemployment is a situation where people are jobless in spite of having knowledge and skills.…

Q: What is the current unemployment rate in the United States as of January 2021? What was the…

A: Unemployment rate The unemployment rate basically refers to the percentage of the workforce that is…

Q: Suppose a country's labor force is 147.5 million (of whom 128.2 million are employed). What is the…

A: The unemployment rate is a measure of the percentage of the labor force that is currently unemployed…

Q: How does the most recent unemployment rate relate to the long-run average?

A: The individual who is capable of working and is willing to work searching for job but is unable to…

Q: Which point(s) can be used to explain unemployment? (Use Graph) 200 180- 160 140+ 120 100 80 60 40+…

A: Production possibility Frontier shows the different combinations of two goods that can be produced…

Q: Find the relative change in unemployment from January 2005 to December of 2015.

A: Relative change in the unemployment rate from January 2005 to December 2015 can be calculated by…

Q: Imagine that during an expansion the U.S. economy adds 300,000 jobs. In addition, because of the…

A: The unemployment rate is the proportion of the labor force that is not currently employed but are…

Q: The natural unemployment rate is 4%!

A: The Aggregate Supply (AS) curve represents the whole quantity of products and offerings that every…

Q: What are the possible effects of a high unemployment rate on a country's economy?

A: The unemployment refers to economic condition where a worker is capable and looking for work but he…

Q: What is the link between recession and the variation in unemployment?

A: Recession: During the recession period, the level of economic activities declined. During the period…

Q: Is zero unemployment desirable? explain

A: >Unemployment can be categorized in three different ways: 1. Frictional Unemployment: This type…

Q: om

A: The job keeper payment policy in turn helps businesses being affected by Covid 19 in order to render…

Q: How do you find the price index for macroeconomics?

A: The price index (or price indexes) is the average of price relatives for a particular goods and…

Q: Find the labor force, the working-age population, the number of employed workers, and the number of…

A: Unemployment rate is indicated to the percent(%) of the labor force who are jobless. It is a lagging…

Q: If the labor force of 160 million people is growing by 1.2 percent this year, how many new jobs have…

A: Unemployment: It is the situation when people have the ability and willingness to work but do not…